文章核心观点 - 公司2024年第二季度每股收益0.61美元,超出市场预期0.60美元[1] - 公司2024年第二季度收入116亿美元,低于市场预期[3] - 公司股价今年以来上涨22.1%,超过标普500指数18.8%的涨幅[5] - 分析师对公司未来业绩持悲观态度,给予"强烈卖出"评级[9] 公司业绩分析 - 2024年第二季度每股收益0.61美元,同比下降30.1%[1] - 2024年第二季度收入116亿美元,同比下降3.3%[3] - 过去4个季度,公司2次超出市场每股收益预期[2] - 公司1次超出市场收入预期[3] 行业及未来展望 - 分析师对公司未来业绩持悲观态度,给予"强烈卖出"评级[9] - 行业目前处于Zacks行业排名靠后15%的位置[11] - 同行Oceaneering International预计2024年第二季度每股收益同比增长105.6%,收入同比增长11.3%[13]

Liberty Energy Inc. Announces Second Quarter 2024 Financial and Operational Results July 17, 2024 Liberty Energy Inc. (NYSE: LBRT; "Liberty" or the "Company") announced today second quarter 2024 financial and operational results. Summary Results and Highlights • Revenue of $1.2 billion, an 8% sequential increase • Net income of $108 million, or $0.64 fully diluted earnings per share ("EPS") • Adjusted EBITDA of $273 million, a 12% sequential increase • Delivered 28% TTM Adjusted Pre-Tax Return on Capital Em ...

Liberty Energy Inc. (LBRT) is set to report second-quarter earnings on Jul 17, after the closing bell. The Zacks Consensus Estimate for earnings is pegged at 62 cents per share and revenues of $1.18 billion.Let’s delve into the factors that might have influenced LBRT’s performance in the to-be-reported quarter. Before that, it’s worth taking a look at the company’s performance in the last reported quarter.Highlights of Q1 EarningsIn the last reported quarter, the Denver, CO-based oilfield service company’s ...

Investors in Liberty Energy Inc. (LBRT) need to pay close attention to the stock based on moves in the options market lately. That is because the Sep 20, 2024 $12 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also ...

The market expects Liberty Oilfield Services (LBRT) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on July 17, 2024, might help the stock move higher if these key num ...

文章核心观点 - 利伯蒂能源公司第一季度的收益和收入低于预期 [3][4] - 这主要是由于设备和服务执行不佳,以及报告季度内活动较低 [3] - 公司预计第二季度收入将实现低个位数的环比增长,盈利能力也将相应提升 [11] - 公司预计2024年将保持强劲的现金流 [11] 公司财务和运营情况 - 第一季度收入为10.7亿美元,同比下降15.08% [4] - 调整后EBITDA为2.448亿美元,低于预期 [5] - 总成本和费用为9.577亿美元,同比下降7.65% [8] - 截至3月31日,公司现金和现金等价物为2380万美元,长期债务为1.6亿美元,资产负债率为8.1% [9] - 第一季度资本支出为1.42亿美元,高于预期 [10] 股东回报 - 公司董事会宣布派发每股7美分的现金股利 [6] - 公司在报告季度内以平均价格20.36美元回购了价值3000万美元的股票 [7] 行业展望 - 公司预计压裂服务行业需求将保持强劲 [11] - 但分析师对公司未来业绩预期有所下调 [12]

财务数据和关键指标变化 - 第一季度收入为11亿美元,与上一季度持平 [23] - 第一季度净收益为8200万美元,较上一季度的9200万美元有所下降 [23] - 第一季度每股摊薄净收益为0.48美元,较上一季度的0.54美元有所下降 [23] - 第一季度调整后EBITDA为2.45亿美元,较上一季度的2.53亿美元有所下降 [23] - 公司维持了较高的资本回报率,第12个月调整后税前资本回报率为32% [8] 各条业务线数据和关键指标变化 - 公司的综合解决方案从关键发电到CNG燃料供应,支持其digiFleet部署,为客户开发油气资源提供独特服务 [10] - Liberty Power Innovations业务正在不断扩大,与双燃料升级和digiFleet部署同步增长 [15] - 公司在第一季度在DJ盆地启动了现场燃料管理服务,并将在本季度投产压缩机设施开始CNG销售 [16] 各个市场数据和关键指标变化 - 油价自年初以来有所上涨,但对北美压裂服务需求的影响较小,只有很小幅度的下降 [17] - 天然气价格自去年秋季以来大幅下降,主要是由于产量强劲和温和的冬季天气 [17] - 未来几年内,电力需求的增长,特别是来自人工智能驱动的数据中心和制造业回流,将大幅增加对可靠天然气电力的需求 [18] 公司战略和发展方向及行业竞争 - 公司专注于通过有纪律的投资于人才、技术和设备来实现有利可图的增长,并保持行业领先的资本回报率 [8][9] - 公司正在推动向低排放、资本高效的天然气驱动技术的转型,包括digiFleet和Liberty Power Innovations [9][10] - 公司正在扩大内部制造能力,通过Liberty Advanced Equipment Technologies部门加强对工程设计和制造过程的控制 [14][15] - 公司认为,在行业需求疲软的环境下,专注于提供优质可靠的服务仍能带来较高回报 [22] 管理层对经营环境和未来前景的评论 - 管理层认为,油气行业活动可能已接近底部,未来12-24个月内天然气价格和需求有望改善 [34][35] - 管理层预计第二季度收入和利润将实现低个位数的环比增长 [29] - 管理层对2024年全年保持乐观,预计将实现强劲的现金流,支持技术转型投资和行业领先的资本回报计划 [20][29] - 管理层认为,全球能源需求将持续增长,支撑北美油气行业未来数年的强劲表现 [18][19] 问答环节重要的提问和回答 问题1 **Roger Read提问** 询问行业价格竞争情况,以及公司如何应对 [31][32] **Chris Wright回答** 公司认为行业活动可能已接近底部,价格压力较小且较为稳定,公司凭借优质服务和技术优势来应对 [32][33] 问题2 **Neil Mehta提问** 询问下半年业绩展望,是否会有明显改善 [46][47] **Chris Wright和Michael Stock回答** 预计下半年活动将有所改善,但全年EBITDA可能保持相对平稳 [47][48][49] 问题3 **Arun Jayaram提问** 询问第二季度收入增长的具体驱动因素 [61][62][63] **Chris Wright和Michael Stock回答** 主要是由于工作日数增加、效率提升以及部分价格因素的影响 [62][63]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 001-38081 Liberty Energy Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 81-4891595 (State or Other Jurisdiction of (I.R.S. Employer Incorporation o ...

Liberty Energy Inc. (LBRT) reported first-quarter 2024 earnings of 48 cents per share, which missed the Zacks Consensus Estimate of 54 cents. The bottom line also underperformed the year-ago quarter’s reported figure of 90 cents. This was primarily due to poor equipment and services execution, and lower activity in the reported quarter. Revenues totaled $1.07 billion, which missed the Zacks Consensus Estimate by 0.9%. The top line was also lower than the prior-year quarter’s level of $1.26 billion by 15.08% ...

Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.48 per share, missing the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.90 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -11.11%. A quarter ago, it was expected that this provider of hydraulic fracturing services would post earnings of $0.57 per share when it actually produced earnings of $0.54, delivering a surprise of -5 ...